Absolute Income, Relative Income, and Happiness
Author
Abstract
Suggested Citation
DOI: 10.1007/s11205-007-9217-0
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Blanchflower, David G. & Oswald, Andrew J., 2004.
"Well-being over time in Britain and the USA,"
Journal of Public Economics, Elsevier, vol. 88(7-8), pages 1359-1386, July.
- David G. Blanchflower & Andrew J. Oswald, 2000. "Well-Being Over Time in Britain and the USA," NBER Working Papers 7487, National Bureau of Economic Research, Inc.
- Blanchflower, David G. & Oswald, Andrew J., 2001. "Well-Being Over Time in Britain and the USA," The Warwick Economics Research Paper Series (TWERPS) 616, University of Warwick, Department of Economics.
- Blanchflower, David G. & Oswald, Andrew J., 2001. "Well-Being Over Time in Britain and the USA," Economic Research Papers 269386, University of Warwick - Department of Economics.
- Michael J. Boskin & Eytan Sheshinski, 1978. "Optimal Redistributive Taxation When Individual Welfare Depends upon Relative Income," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 92(4), pages 589-601.
- Robert J. MacCulloch & Rafael Di Tella & Andrew J. Oswald, 2001.
"Preferences over Inflation and Unemployment: Evidence from Surveys of Happiness,"
American Economic Review, American Economic Association, vol. 91(1), pages 335-341, March.
- DiTella, Rafael & MacCulloch, Robert & Oswald, Andrew J., 2001. "Preferences over inflation and unemployment: Evidence from surveys of happiness," ZEI Working Papers B 03-2001, University of Bonn, ZEI - Center for European Integration Studies.
- Oswald, Andrew J, 1997.
"Happiness and Economic Performance,"
Economic Journal, Royal Economic Society, vol. 107(445), pages 1815-1831, November.
- Oswald, Andrew, 1997. "Happiness and Economic Performance," The Warwick Economics Research Paper Series (TWERPS) 478, University of Warwick, Department of Economics.
- Oswald, A.J., 1997. "Happiness and Economic Performance," Papers 18, Centre for Economic Performance & Institute of Economics.
- Oswald, Andrew J., 1997. "Happiness and Economic Performance," Economic Research Papers 268747, University of Warwick - Department of Economics.
- Clark, Andrew E & Oswald, Andrew J, 1994. "Unhappiness and Unemployment," Economic Journal, Royal Economic Society, vol. 104(424), pages 648-659, May.
- Ruut Veenhoven, 1996. "Developments in satisfaction-research," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 37(1), pages 1-46, January.
- Victor R. Fuchs, 1996. "Individual and Social Responsibility: Child Care, Education, Medical Care, and Long-Term Care in America," NBER Books, National Bureau of Economic Research, Inc, number fuch96-1.
- Clark, Andrew E. & Oswald, Andrew J., 1996.
"Satisfaction and comparison income,"
Journal of Public Economics, Elsevier, vol. 61(3), pages 359-381, September.
- Clark, Andrew E & Oswald, Andrew J, 1993. "Satisfaction and Comparison Income," Economics Discussion Papers 10018, University of Essex, Department of Economics.
- Clark, Andrew E. & Oswald, Andrew J., 1994. "Satisfaction and comparison income," CEPREMAP Working Papers (Couverture Orange) 9408, CEPREMAP.
- Alesina, Alberto & Di Tella, Rafael & MacCulloch, Robert, 2004.
"Inequality and happiness: are Europeans and Americans different?,"
Journal of Public Economics, Elsevier, vol. 88(9-10), pages 2009-2042, August.
- Alberto Alesina & Rafael Di Tella & Robert MacCulloch, 2001. "Inequality and Happiness: Are Europeans and Americans Different?," NBER Working Papers 8198, National Bureau of Economic Research, Inc.
- Alesina, Alberto & MacCulloch, Robert & Di Tella, Rafael, 2001. "Inequality and Happiness: Are Europeans and Americans Different?," CEPR Discussion Papers 2877, C.E.P.R. Discussion Papers.
- Di Tella, Rafael & Alesina, Alberto & MacCulloch, Robert, 2004. "Inequality and Happiness: Are Europeans and Americans Different?," Scholarly Articles 4553007, Harvard University Department of Economics.
- Alberto Alesina & Rafael Di Tella & Robert MacCulloch, 2001. "Inequality and Happiness: Are Europeans and Americans Different?," Harvard Institute of Economic Research Working Papers 1938, Harvard - Institute of Economic Research.
- Frank, Robert H, 1997. "The Frame of Reference as a Public Good," Economic Journal, Royal Economic Society, vol. 107(445), pages 1832-1847, November.
- Warr, Peter & Payne, Roy, 1982. "Experiences of strain and pleasure among British adults," Social Science & Medicine, Elsevier, vol. 16(19), pages 1691-1697, January.
- Layard, Richard, 1980. "Human Satisfactions and Public Policy," Economic Journal, Royal Economic Society, vol. 90(363), pages 737-750, December.
- Ed Diener & Eunkook Suh & Heidi Smith & Liang Shao, 1995. "National differences in reported subjective well-being: Why do they occur?," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 34(1), pages 7-32, January.
- Easterlin, Richard A, 2001. "Income and Happiness: Towards an Unified Theory," Economic Journal, Royal Economic Society, vol. 111(473), pages 465-484, July.
- Fuchs, Victor R. (ed.), 1996. "Individual and Social Responsibility," National Bureau of Economic Research Books, University of Chicago Press, edition 1, number 9780226267869.
- Oswald, Andrew J., 1983. "Altruism, jealousy and the theory of optimal non-linear taxation," Journal of Public Economics, Elsevier, vol. 20(1), pages 77-87, February.
- Daniel J. Zizzo & Andrew J. Oswald, 2001.
"Are People Willing to Pay to Reduce Others'Incomes?,"
Annals of Economics and Statistics, GENES, issue 63-64, pages 39-65.
- Zizzo, Daniel John & Oswald, Andrew, 2000. "Are People Willing to Pay to Reduce Others’ Incomes?," Economic Research Papers 269339, University of Warwick - Department of Economics.
- Zizzo, D.J. & Oswald, A., 2000. "Are People Willing to Pay to Reduce Others' Incomes?," The Warwick Economics Research Paper Series (TWERPS) 568, University of Warwick, Department of Economics.
- Bagwell, Laurie Simon & Bernheim, B Douglas, 1996. "Veblen Effects in a Theory of Conspicuous Consumption," American Economic Review, American Economic Association, vol. 86(3), pages 349-373, June.
- Frank, Robert H. & Hutchens, Robert M., 1993. "Wages, seniority, and the demand for rising consumption profiles," Journal of Economic Behavior & Organization, Elsevier, vol. 21(3), pages 251-276, August.
- Ng, Yew-Kwang, 1997.
"A Case for Happiness, Cardinalism, and Interpersonal Comparability,"
Economic Journal, Royal Economic Society, vol. 107(445), pages 1848-1858, November.
- Yew-Kwang, Ng, 1997. "A case for Happiness, Cardinalism, and Interpersonal Comparability," Departmental Working Papers _081, Chinese University of Hong Kong, Department of Economics.
- Dollar, David & Kraay, Aart, 2002.
"Growth Is Good for the Poor,"
Journal of Economic Growth, Springer, vol. 7(3), pages 195-225, September.
- Dollar, David & Kraay, Aart, 2001. "Growth is good for the poor," Policy Research Working Paper Series 2587, The World Bank.
- Frey, Bruno S & Stutzer, Alois, 2000.
"Happiness, Economy and Institutions,"
Economic Journal, Royal Economic Society, vol. 110(466), pages 918-938, October.
- Bruno S. Frey & Alois Stutzer, "undated". "Happiness, Economy and Institutions," IEW - Working Papers 015, Institute for Empirical Research in Economics - University of Zurich.
- Bruno S. Frey & Alois Stutzer, 2000. "Happiness, Economy and Institutions," CESifo Working Paper Series 246, CESifo.
- Ed Diener & Eunkook Suh, 1997. "Measuring Quality Of Life: Economic, Social, And Subjective Indicators," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 40(1), pages 189-216, January.
- Ruut Veenhoven, 1991. "Is happiness relative?," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 24(1), pages 1-34, February.
- Richard Easterlin, "undated". "Diminishing Marginal Utility of Income? A Caveat," University of Southern California Legal Working Paper Series usclwps-1004, University of Southern California Law School.
- repec:adr:anecst:y:2001:i:63-64:p:03 is not listed on IDEAS
- Easterlin, Richard A., 1974. "Does Economic Growth Improve the Human Lot? Some Empirical Evidence," MPRA Paper 111773, University Library of Munich, Germany.
- World Bank, 2004. "World Development Indicators 2004," World Bank Publications - Books, The World Bank Group, number 13890.
- James Horley & J. Lavery, 1995. "Subjective well-being and age," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 34(2), pages 275-282, February.
- Frank, Robert H, 1984. "Are Workers Paid Their Marginal Products?," American Economic Review, American Economic Association, vol. 74(4), pages 549-571, September.
- repec:adr:anecst:y:2001:i:63-64:p:04 is not listed on IDEAS
- Robert H. Frank, 1996. "Consumption Externalities and the Financing of Social Services," NBER Chapters, in: Individual and Social Responsibility: Child Care, Education, Medical Care, and Long-Term Care in America, pages 173-194, National Bureau of Economic Research, Inc.
- Galina Balatsky & Ed Diener, 1993. "Subjective well-being among Russian students," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 28(3), pages 225-243, March.
- Easterlin, Richard A., 1995. "Will raising the incomes of all increase the happiness of all?," Journal of Economic Behavior & Organization, Elsevier, vol. 27(1), pages 35-47, June.
- Ng, Yew-Kwang, 1987. "Diamonds Are a Government's Best Friend: Burden-Free Taxes on Goods Valued for Their Values," American Economic Review, American Economic Association, vol. 77(1), pages 186-191, March.
- Landers, Renee M & Rebitzer, James B & Taylor, Lowell J, 1996. "Rat Race Redux: Adverse Selection in the Determination of Work Hours in Law Firms," American Economic Review, American Economic Association, vol. 86(3), pages 329-348, June.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Bruno S. Frey & Alois Stutzer, 2002.
"What Can Economists Learn from Happiness Research?,"
Journal of Economic Literature, American Economic Association, vol. 40(2), pages 402-435, June.
- Bruno S. Frey & Alois Stutzer, "undated". "What can Economists Learn from Happiness Research?," IEW - Working Papers 080, Institute for Empirical Research in Economics - University of Zurich.
- Bruno S. Frey & Alois Stutzer, 2001. "What Can Economists Learn from Happiness Research?," CESifo Working Paper Series 503, CESifo.
- Stutzer, Alois, 2004.
"The role of income aspirations in individual happiness,"
Journal of Economic Behavior & Organization, Elsevier, vol. 54(1), pages 89-109, May.
- Alois Stutzer, "undated". "The Role of Income Aspirations in Individual Happiness," IEW - Working Papers 124, Institute for Empirical Research in Economics - University of Zurich.
- Blanchflower, David G. & Oswald, Andrew J., 2004.
"Well-being over time in Britain and the USA,"
Journal of Public Economics, Elsevier, vol. 88(7-8), pages 1359-1386, July.
- David G. Blanchflower & Andrew J. Oswald, 2000. "Well-Being Over Time in Britain and the USA," NBER Working Papers 7487, National Bureau of Economic Research, Inc.
- Blanchflower, David G. & Oswald, Andrew J., 2001. "Well-Being Over Time in Britain and the USA," Economic Research Papers 269386, University of Warwick - Department of Economics.
- Blanchflower, David G. & Oswald, Andrew J., 2001. "Well-Being Over Time in Britain and the USA," The Warwick Economics Research Paper Series (TWERPS) 616, University of Warwick, Department of Economics.
- Andrew E. Clark & Paul Frijters & Michael A. Shields, 2006.
"Income and happiness: Evidence, explanations and economic implications,"
PSE Working Papers
halshs-00590436, HAL.
- Andrew E. Clark & Paul Frijters & Michael A. Shields, 2006. "Income and happiness: Evidence, explanations and economic implications," Working Papers halshs-00590436, HAL.
- David G. Blanchflower & Andrew J. Oswald, 2004.
"Money, Sex and Happiness: An Empirical Study,"
Scandinavian Journal of Economics, Wiley Blackwell, vol. 106(3), pages 393-415, October.
- David G. Blanchflower & Andrew J. Oswald, 2004. "Money, Sex, and Happiness: An Empirical Study," NBER Working Papers 10499, National Bureau of Economic Research, Inc.
- Ferrer-i-Carbonell, Ada, 2005. "Income and well-being: an empirical analysis of the comparison income effect," Journal of Public Economics, Elsevier, vol. 89(5-6), pages 997-1019, June.
- Claudia Senik, 2002.
"When Information Dominates Comparison: A Panel Data Analysis Using Russian Subjective Data,"
William Davidson Institute Working Papers Series
495, William Davidson Institute at the University of Michigan.
- Claudia Senik, 2002. "When Information Dominates Comparison. A Panel Data Analysis Using Russian Subjective Data," DELTA Working Papers 2002-02, DELTA (Ecole normale supérieure).
- Lelkes, Orsolya, 2006.
"Tasting freedom: Happiness, religion and economic transition,"
Journal of Economic Behavior & Organization, Elsevier, vol. 59(2), pages 173-194, February.
- Orsolya Lelkes, 2002. "Tasting Freedom: Happiness, religion and economic transition," CASE Papers 059, Centre for Analysis of Social Exclusion, LSE.
- O'Donnell, Gus & Oswald, Andrew J., 2015.
"National well-being policy and a weighted approach to human feelings,"
Ecological Economics, Elsevier, vol. 120(C), pages 59-70.
- O'Donnell, Gus & Oswald, Andrew J., 2015. "National Well-being Policy and a Weighted Approach to Human Feelings," IZA Discussion Papers 9401, Institute of Labor Economics (IZA).
- Oswald, Andrew J & O’Donnell, Gus, 2015. "National Well-being Policy and a Weighted Approach to Human Feelings," The Warwick Economics Research Paper Series (TWERPS) 1071, University of Warwick, Department of Economics.
- O'Donnell, Gus & Oswald, Andrew J., 2015. "National Well-being Policy and a Weighted Approach to Human Feelings," Economic Research Papers 270023, University of Warwick - Department of Economics.
- Konow, James & Earley, Joseph, 2008.
"The Hedonistic Paradox: Is homo economicus happier,"
Journal of Public Economics, Elsevier, vol. 92(1-2), pages 1-33, February.
- Konow, James & Earley, Joseph, 2007. "The Hedonistic Paradox: Is Homo Economicus Happier?," MPRA Paper 2728, University Library of Munich, Germany.
- Andrés Rodríguez-Pose & Viola Berlepsch, 2014.
"Social Capital and Individual Happiness in Europe,"
Journal of Happiness Studies, Springer, vol. 15(2), pages 357-386, April.
- Andrés Rodriguez-Pose & Viola von Berlepsch, 2012. "Social Capital and Individual Happiness in Europe," Bruges European Economic Research Papers 25, European Economic Studies Department, College of Europe.
- Ada Ferrer-i-Carbonell, 2002. "Income and Well-being," Tinbergen Institute Discussion Papers 02-019/3, Tinbergen Institute.
- Kuegler, Alice, 2009. "A Curse of Comparison? Evidence on Reference Groups for Relative Income Concerns," Policy Research Working Paper Series 4820, The World Bank.
- Erzo F. P. Luttmer, 2005.
"Neighbors as Negatives: Relative Earnings and Well-Being,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 120(3), pages 963-1002.
- Erzo F.P. Luttmer, 2004. "Neighbors as Negatives: Relative Earnings and Well-Being," NBER Working Papers 10667, National Bureau of Economic Research, Inc.
- Luttmer, Erzo F. P., 2004. "Neighbors as Negatives: Relative Earnings and Well-Being," Working Paper Series rwp04-029, Harvard University, John F. Kennedy School of Government.
- Corazzini, Luca & Esposito, Lucio & Majorano, Francesca, 2012.
"Reign in hell or serve in heaven? A cross-country journey into the relative vs absolute perceptions of wellbeing,"
Journal of Economic Behavior & Organization, Elsevier, vol. 81(3), pages 715-730.
- Luca Corazzini, Lucio Esposito, Francesca Majorano., 2010. "Reign in Hell or Serve in Heaven? A Cross-country Journey into the Relative vs Absolute Perceptions of Wellbeing," ISLA Working Papers 36, ISLA, Centre for research on Latin American Studies and Transition Economies, Universita' Bocconi, Milano, Italy.
- Hayo, Bernd & Seifert, Wolfgang, 2003.
"Subjective economic well-being in Eastern Europe,"
Journal of Economic Psychology, Elsevier, vol. 24(3), pages 329-348, June.
- Bernd Hayo & Wolfgang Seifert, 2002. "Subjective Economic Well-Being in Eastern Europe," Development and Comp Systems 0203001, University Library of Munich, Germany.
- Hayo, Bernd & Seifert, Wolfgang, 2002. "Subjective economic well-being in Eastern Europe," IBES Diskussionsbeiträge 120, University of Duisburg-Essen, Institute of Business and Economic Studie (IBES).
- Drakopoulos, Stavros A., 2008. "The Concept Of Comparison Income: An Historical Perspective," MPRA Paper 8713, University Library of Munich, Germany.
- Peiro, Amado, 2006. "Happiness, satisfaction and socio-economic conditions: Some international evidence," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 35(2), pages 348-365, April.
- Roberta Distante, 2013.
"Subjective Well-Being, Income and Relative Concerns in the UK,"
Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 113(1), pages 81-105, August.
- Distante, Roberta, 2010. "Subjective well-being, income and relative concerns in the UK," MPRA Paper 30786, University Library of Munich, Germany.
- Oswald, Andrew J, 1997.
"Happiness and Economic Performance,"
Economic Journal, Royal Economic Society, vol. 107(445), pages 1815-1831, November.
- Oswald, Andrew J., 1997. "Happiness and Economic Performance," Economic Research Papers 268747, University of Warwick - Department of Economics.
- Oswald, A.J., 1997. "Happiness and Economic Performance," Papers 18, Centre for Economic Performance & Institute of Economics.
- Oswald, Andrew, 1997. "Happiness and Economic Performance," The Warwick Economics Research Paper Series (TWERPS) 478, University of Warwick, Department of Economics.
More about this item
Keywords
Subjective well-being; Happiness; Relative income;All these keywords.
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:soinre:v:88:y:2008:i:3:p:497-529. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.